If Powell says we were of today's data and it was considered in today's dot plot big correction just a correction If not then bulls are partying like crazy tonight
The FED left rates unchanged, they still don't have their 2% inflation, no reason to cut rates yet. Price is simply moving against traders thinking that rates will fall.
remember, no rate cut on 2024
they are going to recover the damage just by talking
It was a lot of fun talking to you guys, Take care & Stay safe, See you tomorrow, Good night...
As did I, a pleasant surprise indeed and I also followed this same strategy lol
how i traded this
The only thing that counter hawk FED is their reduction in QT pace. This might further push price of equities and metals to the upside. With china stopped buying / pausing their ...
Checking pa , a last extension leg up running , limit down 2768 , probable sr 2800 , probable target 2870
That’s why I don’t put hard SL rather fix some specific Amount for it because they are always get it no matter where you place it.
Don't gamble; start learning or leave trading. Gambling will never make you profitable. To be profitable, you need to win consistently, not just have one lucky day. I may not have ...
Thats a wrap..... DAY - 9 One more day to secure payout... Pretty nice buffer as ...
Meanwhile, on H1... Based on MACD divergence and IF ~1.0732 area can support, we should go back to ~1.0829 area... Time will tell... See you tomorrow after London opening!
//---- apex payout hit my bank last night..... that's about the normal 3 business days.....h
I don't think that the FED will shift stance today. They will probably keep two rate cuts for later and reiterate that inflation is still up. So a correction should happen to test ...